Pioneer Natural Resources Company (PXD) : The total money flow in Pioneer Natural Resources Company (PXD) was negative ($8.92 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $54.69 million. In comparison, the inflow of money into the stock on upticks was $45.77 million. The uptick to downtick ratio was 0.84. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $6.32 million. The value of transactions on uptick was $3.08 million. The negative money flow of ($3.23 million) confirms the selling in Pioneer Natural Resources Company (PXD) on strength. The uptick to downtick ratio of block trades was 0.49. Pioneer Natural Resources Company (PXD) gained $0.1 at $155, a gain of 0.06% over the previous days close. However, the stock registered -1.08% in the week.
Also, Barclays maintains their rating on the shares of Pioneer Natural Resources Company (NYSE:PXD). The current rating of the shares is Equalweight. Equity Analysts at the Firm raises the price target to $152 per share from $151 per share. The rating by the firm was issued on July 14, 2016.
Pioneer Natural Resources Company (NYSE:PXD): The stock opened at $153.69 on Wednesday but the bulls could not build on the opening and the stock topped out at $155.90 for the day. The stock traded down to $152.71 during the day, due to lack of any buying support eventually closed down at $153.88 with a loss of -0.66% for the day. The stock had closed at $154.90 on the previous day. The total traded volume was 1,801,484 shares.
The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 2.94%. In a related news,The (SVP, General Counsel) of Pioneer Natural Resources Co, Kleinman Mark H sold 1,000 shares at $151.01 on June 30, 2016. The Insider selling transaction had a total value worth of $151,010. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Pioneer Natural Resources Company (Pioneer) is an independent oil and gas exploration and production company with operations in the United States. The Company focuses on production of oil, natural gas liquid (NGLs) and gas through development drilling, production enhancement activities and acquisitions of producing properties. The Companys properties include Spraberry/Wolfcamp oil field located in West Texas; the liquid-rich Eagle Ford Shale field located in South Texas; Raton gas field located in southern Colorado; the West Panhandle gas and liquids field located in the Texas Panhandle, and the Edwards gas field located in South Texas. The Companys operations include well stimulation and hydraulic fracturing. The Companys proved reserves include approximately 89 million Bbls (MMBbl) of oil, 42 MMBbls of NGLs and 317 billion cubic feet (Bcf) of gas. The Company owns interests in six gas processing plants and eight treating facilities.